Does intangible assets affect the financial performance and policy of commercial banks' in the emerging market?

ABSTRACT: In a digital and knowledge based economy, intangible assets are predominant and their role along with age and knowledge has become key success factors for firms. However, a very little attention was given to the intangible assets in the banking sectors' in Ethiopia and the effect still not studied yet. Therefore, the aim of this study is to empirically examine the effect of intangible assets on the financial performance and policy of 17 commercial banks in Ethiopia from the year 2017 to 2020. Return on asset and equity were used to measure the financial performance and debt as a measure of financial policy. The intangible asset is used as the main explanatory variable and asset size and liquidity as control variables. Random effect estimation technique for panel data was used. The result r

SUBMITTER: Abebe Zelalem B 

PROVIDER: S-EPMC9409547 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature